. >>> neiman marcus settles with the federal trade commission after claiming its products were made with faux fur when they contained real fur. it prohibits the retailer from violating those laws for 20 years. >>> total number of mortgage applications subpoena applied for in the u.s. fell. shows refinance index declined 8% from the previous week. >>> fox sports announces a 12-year deal with the new big east basketball conference the cable network is set to make its debut august 17th. it will include partnerships with the msg and msg network. that is today's speed read. david: well the fed announcing it will continue pumping money into the economy while leaders in washington still can't balance the budget. our next guest spent years battling policies like these when he was congressman. will his legacy live on. joining me in fox business exclusive, the man, the legend, former congressman dr. ron paul. dr. paul great to hear from you. what have you been doing with your time when you left congress? >> waiting for you to call. i'm delighted for you to hear from you. david: we'll call every da